Spread betting on team/player performance October 2, 2014 BOTH Team Performance and Player Performance markets offer an exciting way to support or oppose a team or player in a match. For example, you may fancy an underdog to perform better than supremacy quotes suggest. You could therefore sell the Team Performance of the favourites at 65. The market is settled as follows: Win: [...]
London protest for Hong Kong in China crisis October 1, 2014 Thousands of demonstrators gathered outside the Chinese embassy in London yesterday to support pro-democracy protesters in Hong Kong. Thousands of people have taken to the streets in Hong Kong after China said it would vet candidates for a leadership election in 2017.
Findel races to make first H1 profit in years October 1, 2014 Home shopping group Findel said yesterday it was on track to deliver its first half-year, pre-tax profit in six years thanks to a strong performance from its catalogue business Express Gifts. Its Kitbag business recently won the rights to run McLaren’s Formula 1 team online store.
Property trusts and merchants group clinch trio of acquisitions October 1, 2014 MCKAY Securities, LondonMetric Property and Grafton Group each added to their respective portfolios yesterday in a clutch of deals. McKay Securities, the only real estate investment trust specialising entirely in the south east and London office and industrial markets, announced the off-market freehold acquisition of The Planets in Woking for £8.75m. The property is adjacent [...]
Best of the Brokers for 02 October 2014 October 1, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ROYAL MAIL UBS has upgraded to “neutral” from “sell”, but cut the target price to 400p from 450p. The broker believes Royal Mail is no longer significantly overvalued now, with near-term earnings estimates more realistic, but cautioned on modernising challenges and tough trading [...]
Supermarkets sweep to the bottom of FTSE – London Report October 1, 2014 BRITAIN’S top equity index fell yesterday to its lowest closing level in nearly six months, as a new slump in the shares of supermarket retailers hit the market. The sentiment was also hit by news that Britain’s manufacturing grew at the slowest rate in 17 months in September as demand weakened at home and in [...]
Wall St tanks on Hong Kong, and Ebola fears – New York Report October 1, 2014 US SHARES yesterday kicked off the first day of the fourth quarter on a sour note, as the first diagnosis of Ebola in a patient in the US spooked investors, and the Russell 2000 index of small caps ended in correction territory. Fears over the civil unrest in Hong Kong added to the poor performance. [...]
Netflix’s film move has cinemas fuming September 30, 2014 BIG cinema chains in the US and Canada are to boycott Netflix’s first original feature film, a sequel to the martial arts movie Crouching Tiger, Hidden Dragon. The online streaming service announced it is to release the Weinstein Company’s follow-up to the Oscar-winning hit simultaneously on Netflix and in Imax theatres next summer. But the [...]
Rupert’s girl to step down after big TV merger September 30, 2014 ELISABETH Murdoch is to walk out on the TV production empire she built when the planned merger between her Shine Group and two other companies – Endemol and Core Media – is completed. Rupert Murdoch’s 46-year-old daughter launched Shine in 2001 and has remained in charge over the last two years following its acquisition by [...]
EBay takes Icahn’s advice to spin off PayPal as payment service sees revenues rocket 19pc September 30, 2014 ONLINE auction site eBay yesterday announced plans to spin off its PayPal business in the second half of 2015, saying that to fail to do so would be “less advantageous to each business strategically and competitively.” The separation will ensure that the independent companies are able to “capitalise on their respective growth opportunities in the rapidly [...]
